FundedIQ
Manufacturing

Ather Energy: Funding, Investors & Team (Aug 2026)

Ather Energy is a manufacturer of electric scooters and electric vehicle charging network called AtherGrid.

www.atherenergy.com LinkedIn Bangalore, India 501-1000 employees
Total raised
$117M
Rounds
3
Latest
Series E
Oct 2022

Ather Energy has raised $117M across 3 funding rounds on record, the most recent a Series E of $48.7M announced in Oct 2022.

That round is above the $5.0M median round size for Manufacturing companies tracked on FundedIQ over the last two years.

Ather Energy Company Profile and Key Stats

Total funding raised
$117M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Series E
$48.7M in Oct 2022
Employees
501-1000
reported band
Headquarters
Bangalore, India

Latest funding round on record: Oct 2022.

Ather Energy Funding Rounds

Date
Round
Amount
Series E
$48.7M
Series D
$56.6M
Undisclosed round
$11.2M

Ather Energy raised $11.2M in an undisclosed round announced in Jul 2020.

1.5 years later, a Series D of $56.6M was announced in Jan 2022.

9 months later, a Series E of $48.7M was announced in Oct 2022.

Ather Energy Founders and Leadership Team

Name
Role
Contact
Swapnil Jain
Founder
Tarun Mehta
CEO

No contact details are on record for this team yet.

Ather Energy Funding Compared to Other Manufacturing Startups

Segment
Companies
Median round
1,058
$5.0M
3,220
$3.0M
261
$100M

Ather Energy's latest round of $48.7M is above the median round in Manufacturing. Medians cover the last 24 months of disclosed rounds.

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Ather Energy Funding FAQs

What does Ather Energy do?

Ather Energy is a manufacturer of electric scooters and electric vehicle charging network called AtherGrid.

How much funding has Ather Energy raised?

Ather Energy has raised $117M across 3 rounds on record. The most recent is a Series E of $48.7M announced in Oct 2022.

When did Ather Energy last raise funding?

Ather Energy's most recent funding round on record is a Series E of $48.7M, announced in Oct 2022.

Who founded Ather Energy?

FundedIQ lists Swapnil Jain (Founder) at Ather Energy.

Who is the CEO of Ather Energy?

Tarun Mehta is listed as CEO at Ather Energy.

Where is Ather Energy headquartered?

Ather Energy is based in Bangalore, Karnataka, India.

How many employees does Ather Energy have?

Ather Energy is in the 501-1000 employee band.

How does Ather Energy's funding compare to other Manufacturing startups?

Ather Energy's latest round of $48.7M is above the $5.0M median round size for Manufacturing companies on FundedIQ across 1,058 tracked companies over the last two years.

About FundedIQ's Ather Energy Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Ather Energy is left off this page rather than filled in.

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